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Friday, 13 November 2026
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Economics Past Questions and Answers

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Waec Economics Questions

Question 1056:
WAEC 2008
The indicator of the value of money is
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  • A The general price level
  • B The equilibruim price
  • C Consumer''s income
  • D The interest rate
View Answer & Explanation
Question 1057:
WAEC 2008
The Central Bank can restrict credit through
SchoolNGR Classroom
  • A Depreciation of assets
  • B Granting overdraft
  • C Direct investment
  • D Open market operation
View Answer & Explanation
Question 1058:
WAEC 2008
Creation of money by commercial bank is done by
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  • A Increasing the cash ratio
  • B Printing money
  • C Lending to borrowers
  • D Issuing cheques
View Answer & Explanation
Question 1059:
WAEC 2008
Public finance is basically an analysis of the
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  • A Income and expenditure of government
  • B Expenditure patterns of the government
  • C Current and capital receipts of the government
  • D Current and capital expenditure of the government
View Answer & Explanation
Question 1060:
WAEC 2008
A major use of taxation is to
SchoolNGR Classroom
  • A Control population growth rate
  • B Influence people's spending habits
  • C Control money supply
  • D Create bank credits
View Answer & Explanation

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